TransAlta (TAC) Reports Q1 adjusted EPS of C$0.60

TransAlta Corporation (NYSE:TAC) is one of the

15 Best Power Generation Stocks To Buy For Data Center Demand.

On May 6, 2026, TransAlta Corporation (NYSE:TAC) reported Q1 adjusted EPS of C$0.60 compared to C$0.10 last year. Revenue came in at C$565M versus C$758M a year ago, while free cash flow totaled C$102M compared to C$139M last year. By segment, Q1 hydro adjusted EBITDA declined to C$35M from C$47M last year, wind and solar adjusted EBITDA fell to C$95M from C$102M, gas adjusted EBITDA decreased to C$93M from C$104M, and energy transition adjusted EBITDA dropped to C$1M from C$37M. CEO Joel Hunter said the company’s hedging strategy and contracted portfolio helped support performance despite a difficult pricing environment.

TransAlta Corporation (NYSE:TAC) maintained its FY26 adjusted EBITDA outlook of C$950M-C$1.05B. The company said its long-term opportunity set remains significant despite near-term challenges in Alberta, with Hunter adding that the company remains confident in its 2026 outlook.

Copyright: demerzel21 / 123RF Stock Photo

Last month, TransAlta announced the appointment of Mike Politeski as Executive Vice President, Finance and CFO, effective May 1, 2026, and Grant Arnold as Executive Vice President, Growth and Chief Commercial Officer, effective May 6, 2026. The leadership changes follow Joel Hunter’s transition from CFO to President and CEO on April 30, 2026, succeeding retiring CEO John Kousinioris.

TransAlta Corporation (NYSE:TAC) develops, produces, and sells electric energy.

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